Browse Data and Analysis

Despite record production and ample stocks, the Philippines is forecast to import a record volume of rice. Large imports are spurred in part by high domestic prices and the recent government decision to reduce tariffs from 35 to 15 percent.

Fueled by a rebound in hospitality and food service, the Philippine economy outperformed Singapore, Thailand, Malaysia, and Indonesia in 2023 despite inflationary pressure. Total U.S. agricultural and related exports to the Philippines reached $3.6 billion in 2023 with U.S. consumer-oriented and intermediate agricultural exports ranking the highest in Southeast Asia.

FAS Manila worked with Blue Diamond Growers (BDG) of California to connect with a new importer and build a bigger market for U.S. almonds in the Philippines.

Producing less than one percent of its growing dairy requirement of 1.886 MMT in 2014, the Philippines continues to be a major global importer of dairy products, especially milk powder.

The Philippines has for years mandated biodiesel and ethanol blending in local petroleum diesel fuel and gasoline.

The Philippines is the 8th largest sugarcane producer and the third largest U.S. sugar tariff rate quota recipient.

In June 2013, the Philippine Department of Agriculture formally allowed the importation of U.S. fresh table stock potatoes for consumption.